Fiamma pays RM109.64mil for a 0.76 ha land in KL, eyes mixed development

KUALA LUMPUR: Fiamma Holdings Bhd announced that it had paid RM109.64 million as land premium for a 0.76 hectares (ha) plot of land along Jalan Yap Kwan Seng, Kuala Lumpur, on behalf of its unit Sinaran Urusjuta, which is principally involved in the business of real estate activities.

In a filing with Bursa Malaysia today, Fiamma said that the Federal Territories Director of Lands and Mines Office (land office) had granted alienation land approval following the land premium’s payment.